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US President measures threaten oil markets also
1/30/2017 0:00
[rtl] BAGHDAD / Farah pumice
form of American President Donald Trump 's decision to proceed with the construction of a linear pipeline , which were stopped by former President Barack Obama 'sadministration, a debate in international circles that may adversely affect the price of oil on world markets.
And found economic analyst Rahim al - Shammari's {morning}, that these decisions may dissipate future aspirations in maintaining good prices for crude around the world rates, especially after the countries of the Convention on the inside and outside OPEC spend curb oversupply, keep supply and demand to support prices in global markets.
And signed a US president, Donald Trump, an executive decree requires pipelines to continue to build a "Keystone XL" and "Access Dakota."
While Obama refused, during his administration, the pipeline , "Keystone XL" the draft proposal, and ended the political battle , which lasted for a long period of his presidency, on the construction of a pipeline that would have allowed Canada to transfer the oil to ports in the Gulf of Mexico through the US territory project.
And saw Shammari said Trump 's decision may adversely affect the global oil market to increase supply glut again, it is likely that the previous crisis of low prices were to rise again, which could affect the dependent countries in revenues on the only oil source , such as Iraq.
It was proposed to extend the pipeline , "Keystone XL" Over 1.2 thousand miles across Montana and South Dakota, Nebraska, Kansas, Oklahoma and Texas, for the transfer of more than 800 thousand barrels of heavy crude oil per day from the oil sands in Canada to refineries on the Gulf Coast.
The pipeline "Dakota ACCESS" project is valued at B3.7 billion dollars, would convey the 470 thousand barrels of oil per day through four states, where he will pass Specifically, through the oil - rich region in the state of North Dakota.
There are an estimated 7.4 billion barrels of undiscovered oil in those states, where the oil will be shipped to markets and refineries in the east coast and the Gulf Coast.
The move to the previous US administration, as part of the continuation of the White House to strengthen the agenda and efforts to combat environmental climate change, as was the White House hopes in brokering an international agreement requiring each country to reduce carbon dioxide emissions and the development of other policies to curb global warming.[/rtl]
[rtl]http://www.alsabaah.iq/ArticleShow.aspx?ID=130727[/rtl]
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